This year's SOEPcampus@University of Mannheim Workshop "Längsschnittdatenanalyse mit dem Sozio-oekonomischen Panel (SOEP)" will take place from June 27-29 (workshop held in German).
In 2012/13, a survey of German employers was conducted using face-to-face and paper-and-pencil interviews (N = 1,708; response rate = 30.1%). Establishments were sampled based on address information provided by employed participants in the Socio-Economic Panel (SOEP) study. The information obtained from both surveys can be linked in order to create a linked employer–employee data set concerning organizational ...
Using a large panel of individual professionals' forecasts, this paper demonstrates that good exchange rate forecasts are related to a proper understanding of fundamentals, specifically good interest rate forecasts. This relationship is robust to individual fixed effects and further controls. Reassuringly, the relationship is stronger during phases when the impact from fundamentals is more obvious, ...
Electricity storage plants can be used for many applications, with one of the most studied applications being arbitrage in the day-ahead market. Although the arbitrage value is related to the presence of price spreads, it also depends on the effect of (dis)charge actions on prices, as arbitrage generally reduces price spreads by increasing off-peak prices when charging and decreasing peak prices when ...
In Germany and beyond, various capacity mechanisms are currently being discussed with a view to improving the security of electricity supply. One of these mechanisms is a strategic reserve that retains generation capacity for use in times of critical supply shortage. We argue that strategic reserves have specific advantages compared to other capacity mechanisms in the context of the European energy ...
We examine whether the experience of shocks influences individual risk attitude. We measure the risk attitude of more than 4,000 households in Thailand and Vietnam via a simple survey item. The experience of adverse shocks, which is typical for poor and vulnerable households, is related to a higher degree of risk aversion, even when controlled for a large set of socio-demographic variables. Therefore, ...
Objective: Previous research found that cognitive training increases the Big Five personality trait openness to experience during and some weeks after the intervention. The present study investigated whether long-term changes happen in openness to experience and other personality traits after an extensive cognitive training of memory and perceptual speed.Method: Intervention group consisted of 204 ...
Isabel Teichmann has sucessfully defended her dissertation on January 13th at Humboldt University of Berlin.Prof. Dr. Gerd G. Wagner and Prof. Dr. Helmut Lütkepohl congratulate her on her success!
